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Armenia distributed 84,4 billion drams within framework of anti-crisis measures

armenpress.am05/16th/2020, 7:48
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Armenia distributed 84,4 billion drams within framework of anti-crisis measures

The Armenian government distributed a total of 84,4 billion drams on the sidelines of its anti-crisis measures between 48,400 legal entities and nearly 1,1 million individuals, Prime Minister Nikol Pashinyan said during a press conference today, presenting 100 facts about the new Armenia.

The PM firstly reminded that the government has adopted a total of 18 anti-crisis measures to eliminate the socio-economic consequences of the novel coronavirus (COVID-19).

“Within the framework of the anti-crisis measures a total of 84,4 billion drams have been distributed as of today, which were used by 48,400 legal entities and nearly 1 million 100 thousand individuals. With the first anti-crisis measure the government subsidized the interests rates of loans worth 31,7 billion AMD received by 513 economic entities. The loan received for paying salaries and taxes has been subsidized completely, in other words, the loan is available at 0%, the expenditures for raw materials, equipment, utility bills and good were subsidized by 6-10%, this means that the loan is available at 2-6%”, the PM said.

According to the 2nd anti-crisis measure, the government subsidized the interests rates of agricultural loans worth 11,6 billion AMD of 8,195 economic entities and individuals completely, the loan is available at 0%. Pashinyan added that the government has also provided 6 billion drams to the banking system to provi...

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